State Farm executive fired over comments on premium hikes

State Farm executive fired over comments on premium hikes after California wildfires
A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike request in the wake of the devastating Los Angeles area wildfires.
State Farm VP fired after video released of him ‘kind of’ discussing orchestrated California rate hikes
A State Farm executive has been fired following the release of a recording where he said the company’s California rate hikes are “kind of” orchestrated, according to a Los Angeles Times story.
Tinder Date Gone Wrong: State Farm Exec Fired After Saying Premium Hikes Following California Fires Were 'Kind Of' Orchestrated
State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop in its surplus account in the past decade.
Secret video: State Farm exec appears to confess to manipulating California insurance rate hikes
The video appears to have been recorded sometime after the Southern California wildfires, and references the Palisades Fire in particular.
California insurance chief says he’s near ‘solution’ on State Farm rate hike
State Farm executives said at the meeting that it needs a 22% emergency rate hike in California to cover more than $7.9 billion in losses. Lara initially rejected the request, saying in a Friday, Feb. 14, letter to State Farm executives that he needed more information before he can approve an increase.
Senior State Farm exec sacked after honey trap sting over California wildfires
Kirkpatrick, who joined State Farm in 2021 and had started his insurance career in 2015 with Esurance, told the LA Times that the secret video was filmed during a Tinder date – which he now thinks was a set-up.
State Farm executive fired over comments about rate hikes
Haden Kirkpatrick, a top State Farm executive, said he was fired after being recorded in an undercover video making disparaging remarks about Pacific Palisades homeowners.
State Farm exec fired over jaw-dropping comments about LA wildfire rate hikes, victims in secret recording
A State Farm executive has been fired after he was secretly recorded alleging that the insurance company hiked rates for California homeowners reeling from the devastating Los Angeles wildfires. Haden Kirkpatrick,
State Farm executive fired after disparaging L.A. wildfires and victims
Haden Kirkpatrick said State Farm’s decision to pull out of California’s insurance market was a calculated move in response to state regulations and financial concerns.

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